Syncor shares down another 17 percent

MichaelBaron

Syncor
SCOR, -0.92%
shares are losing $3.91, or 17.2 percent, to $18.77, in recent action. The stock, which plumbed a 52-week low of $17.35 earlier in the session, has now dropped almost 50 percent from Tuesday's closing price of $35.92. Before Wednesday's opening bell, the company disclosed an investigation of the propriety of certain payments involving its overseas units. The payments were discovered by merger partner Cardinal Health
CAH, -0.04%
as that company did due diligence related to the planned merger. Completion of the combination has been cast into doubt by the revelation.

Intraday Data provided by SIX Financial Information and subject to terms of use. Historical and current end-of-day data provided by SIX Financial Information. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.